As I sit through a lengthy explanation of how Sergio Marchionne plans to turn around a struggling Chrysler, one question keeps running through my mind: Do we think this plan will work?
The S&P closed higher on Tuesday after Warren Buffett stunned the Street and purchased Burlington Northern in what the billionaire investor called a bet on the U.S. economy.
Stocks finished mixed Tuesday as techs struggled after a downgrade on Intel. Transports rose following news that that Warren Buffett is buying Burlington Northern railroad. Industrials also gained after this week's encouraging manufacturing reports.
General Motors reported an increase in auto sales last month while rival Ford Motor saw sales decline, as market watchers look for an industry-wide increase from September's levels, which were hurt by a Cash for Clunkers hangover.
If you want to get a sense of just how unclear the auto industry is about how much sales will rebound, ask the different sales chiefs at the automakers.
Stocks tumbled Tuesday, led by techs after an analyst downgrade on Intel. Transports rose following news that Warren Buffett is buying Burlington Northern railroad.
With the markets in volatility mode, investors will likely be focusing on the Federal Reserve Tuesday, even though the 2-day Federal Open Market Committee meeting that begins this afternoon won't conclude until Wednesday.
Don’t let the bears fool you out of this market.
A late rally helped propel the Dow to a positive finish Monday as financial stocks rebounded.
After a rough and tumble day of trading both the S&P and Dow closed higher for the session on Monday.
The United Auto Workers union had given local unions until Monday to complete voting. But a person briefed on the voting said Saturday that the contract changes have been rejected by large margins.
By mid-day, a market rally had fizzled out leaving investors to wonder what's dragging down stocks?
Ford Motors posted a surprise $1 billion quarterly profit on Monday and raised its 2011 outlook to "solidly profitable." Toyota and Nissan are also expected to report earnings this week in addition to auto sales data due Tuesday. David Silver, equity research analyst at Wall Street Strategies shared his industry outlook.
Stocks erased all of their gains Monday after an early surge due to a better-than-expected manufacturing report. Financials led the decline.
Markets opened higher Monday, rebounding from Friday's steep decline, but the CBOE Volatility Index (VIX), considered the measure for fear in the market, neared 30. Art Cashin, director of floor operations at UBS Financial Services, shared his insights.
The Dow shot up more than 100 points Monday after a report showed manufacturing expanded more than expected last month.
China's Shanghai Index up 2.7 percent as Chinese PMI was stronger than expected. U.S. ISM will be released at 10 Am ET. And that's the point: with earnings season just about over, it is economic news that will be the driver for the next couple of months.
Reporters and editors are already calling Ford's third quarter earnings surprising. And yes, it is surprising when analysts are expecting a company to lose 12 cents a share, and it earns 26 cents/share. But make no mistake; the blue oval has been going from red (losing money) to black (making money) for some time.
Stock futures pointed to a modest rebound ahead of the open Monday after the Dow and the S&P 500 experienced their biggest one-day percentage drops Friday since July 2.
With Ford reporting earnings on Monday, how should you trade in the wake of the report? Guy Adami's got you covered!